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Arms Transfers, Military Assistance, and Defense Industries: Socioeconomic Burden or Opportunity?

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  • STEPHANIE G. NEUMAN

Abstract

More than thirty years of research on the positive or negative consequences of various military activities for the civilian sector has failed to yield strong and unambiguous evidence one way or the other. This article briefly describes the history of this gunsversus-butter controversy, noting the close relationship between U.S. policy needs and the response of the research community. The article then focuses on the debate over the role that arms transfers, military assistance, and defense industries play in Third World economic growth and development. Finally, it assesses the relevance of the debate for today's post-Cold War world.

Suggested Citation

  • Stephanie G. Neuman, 1994. "Arms Transfers, Military Assistance, and Defense Industries: Socioeconomic Burden or Opportunity?," The ANNALS of the American Academy of Political and Social Science, , vol. 535(1), pages 91-109, September.
  • Handle: RePEc:sae:anname:v:535:y:1994:i:1:p:91-109
    DOI: 10.1177/0002716294535001007
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    References listed on IDEAS

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    1. V. Bulmer-Thomas, 1983. "Economic Development over the Long Run - Central America Since 1920," Working Papers 96, Queen Mary University of London, School of Economics and Finance.
    2. Brauer, Jurgen, 1991. "Military Investments and Economic Growth in Developing Nations," Economic Development and Cultural Change, University of Chicago Press, vol. 39(4), pages 373-384, July.
    3. François Heisbourg, 1988. "Public Policy and the Creation of a European Arms Market," Palgrave Macmillan Books, in: Pauline Creasey & Simon May (ed.), The European Armaments Market and Procurement Cooperation, chapter 3, pages 60-88, Palgrave Macmillan.
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